Andrii Yalanskyi/iStock via Getty Images Homebuilder LGI Homes (NASDAQ:LGIH) on Wednesday said it had closed 571 homes in June, compared to 579 homes closed in May. For Q2, LGIH said it closed 1,655 homes, up 52.82% from the 1,083 homes closed in Q1 2024. The company said as of June 30, it had 128 active selling communities, down by two from May.Continue Reading
Average production for the first half of the year was 446 mboepd. Production in the second half of the year is expected to be impacted by planned maintenance activities. Full-year production guidance: Aker BP narrows its full-year average production forecast to 420-440 mboepd, revised from 410-440 mboepd. Aker BP willContinue Reading
Avid Bioservices press release (NASDAQ:CDMO): Q4 GAAP EPS of -$1.94 misses by $1.90. Revenue of $42.98M (+8.0% Y/Y) beats by $0.84M. As of April 30, 2024, the company’s backlog was $193 million, consistent with a backlog of $191 million at the end of the same quarter last year. The companyContinue Reading
Carl Lokko Alvotech (NASDAQ:ALVO) said a confirmatory study for its biosimilar candidate AVT03 met its primary endpoint of demonstrating clinical similarity to Amgen’s (AMGN) osteoporosis drug Prolia. The Icelandic company said the study demonstrated similarity of AVT03 to Prolia, also known as denosumab, in terms of efficacy, safety, immunogenicity andContinue Reading
Hyundai Motor America (OTCPK:HYMTF) reported total June sales of 67,631 units, a 2.5% decrease compared with June 2023. Hyundai set total sales records in June for Elantra HEV (+1%), Elantra N (+19%), IONIQ 5 (+17%), Santa Fe HEV (+90%), Tucson HEV (+28%) and Palisade (+57%). Hyundai’s total hybrid sales wereContinue Reading
jozzeppe/iStock Editorial via Getty Images ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) announced that deliveries rose 89% year-over-year to 20,106 vehicles in June 2024. The electric vehicle maker said it has delivered 87,870 vehicles year-to-date in 2024, which is an increase of 106% over the deliveries from the same period lastContinue Reading
Beam Global (NASDAQ:BEEM) announces record Q2 new orders of $10.6 million, up 128% Y/Y, with over half of U.S. orders from new customers. The company’s new orders from U.S. commercial business in Q2 increased 66% Y/Y. In Europe, Beam Global shipped its first EV ARC™ systems to Cyprus for theContinue Reading
Digihost Technology (NASDAQ:DGHI) announced that the Company held cash, BTC and cash deposits of ~$7.1 million as of June 30, 2024, up ~18% over the previous month. The miners at the Company’s facilities produced approximately 45 BTC during the month of June. The company entered into the new agreement inContinue Reading
stanciuc Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF) unaudited total assets were ~$226.6 million and its unaudited net asset value was $196.9 million, or $14.59 per share, as of June 28. Its asset coverage ratio with respect to senior securities representing indebtedness was 786%. More on Ecofin Sustainable and Social Impact Term Fund:Continue Reading
Yidu Tech press release (OTCPK:YIDUF): FY revenue was recorded at RMB 807.1 million, and gross profit margin increased to 42.1% from 34.1% year-on-year, representing an increase of 8.0 percentage points, hitting an all-time high. Adjusted net loss narrowed from RMB448.7 million to RMB158.1 million, down 64.8% YoY, and cash flow continued to beContinue Reading
